Hainan Jingliang Holdings Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	1,938	0.01	0.01	0.01	507.14	335.47
Short-Term Investments	-	1,808	1,446	1,532	898.94	280
Trading Asset Securities	-	-	-	11.01	40.38	63.48
Cash & Short-Term Investments	1,938	1,808	1,446	1,543	1,446	678.94
Cash Growth	50.84%	25.04%	-6.33%	6.70%	113.05%	-38.93%
Accounts Receivable	97.62	91.44	118.28	77.06	82.69	92.7
Other Receivables	229.71	2.62	303.1	7.62	284.76	541.91
Receivables	327.33	94.06	421.38	84.67	367.45	634.61
Inventory	3,302	2,358	2,042	2,074	1,903	1,225
Prepaid Expenses	-	6.58	16.23	15.48	1.19	16.92
Other Current Assets	903.59	497.16	535.08	426.06	164.31	830.87
Total Current Assets	6,470	4,763	4,460	4,144	3,883	3,386
Property, Plant & Equipment	1,124	1,018	1,098	1,077	1,140	1,160
Long-Term Investments	271.99	267.51	285.31	317.1	440.54	554.98
Goodwill	191.39	191.39	191.39	191.39	191.39	191.39
Other Intangible Assets	374.44	395.68	412.68	325.04	339.97	354.14
Long-Term Deferred Tax Assets	22.95	23.6	8.8	14.19	13.57	3.35
Long-Term Deferred Charges	18.69	17.4	17.66	16.94	17.38	20.53
Other Long-Term Assets	24.12	23.96	22.88	19.81	20.93	25.08
Total Assets	8,497	6,701	6,497	6,105	6,047	5,696
Accounts Payable	779.72	117.94	69.77	114.24	186.75	75.38
Accrued Expenses	35.76	73.14	72.27	96.36	95.48	83.76
Short-Term Debt	1,509	1,312	1,163	1,261	1,522	1,497
Current Portion of Long-Term Debt	113.39	532.15	153.2	-	-	-
Current Portion of Leases	-	11.51	22.74	1.43	1.58	-
Current Income Taxes Payable	10.93	2.74	4.64	39.89	74.17	21.97
Current Unearned Revenue	1,180	523.39	412.11	286.48	521.81	347.96
Other Current Liabilities	190.43	168.65	135.93	225.87	144.11	430.33
Total Current Liabilities	3,819	2,741	2,034	2,025	2,546	2,457
Long-Term Debt	946.59	299.25	698.8	500.28	71	-
Long-Term Leases	202.07	50.7	73.24	0.7	1.69	-
Long-Term Unearned Revenue	55.32	56.73	62.5	64.55	65.24	68.72
Long-Term Deferred Tax Liabilities	50.03	31.42	47.08	46.41	45.25	65.12
Other Long-Term Liabilities	5.63	10.77	5.68	5.68	5.68	5.68
Total Liabilities	5,079	3,190	2,921	2,642	2,734	2,596
Common Stock	726.95	726.95	726.95	726.95	726.95	726.95
Additional Paid-In Capital	1,684	1,435	1,435	1,323	1,676	1,675
Retained Earnings	666.32	731.89	757.38	655.03	513.62	309.16
Comprehensive Income & Other	1.41	249.24	247.97	356.8	-0.68	-0.36
Total Common Equity	3,078	3,143	3,168	3,062	2,916	2,711
Minority Interest	340.13	367.66	407.83	401.05	396.35	388.6
Shareholders' Equity	3,418	3,511	3,575	3,463	3,312	3,099
Total Liabilities & Equity	8,497	6,701	6,497	6,105	6,047	5,696
Total Debt	2,771	2,205	2,111	1,763	1,596	1,497
Net Cash (Debt)	-833.43	-397.66	-665.82	-219.56	-149.49	-818.47
Net Cash Per Share	-1.22	-0.61	-0.91	-0.29	-0.20	-1.15
Filing Date Shares Outstanding	726.95	726.95	726.95	726.95	726.95	726.95
Total Common Shares Outstanding	726.95	726.95	726.95	726.95	726.95	726.95
Working Capital	2,651	2,022	2,426	2,119	1,337	929.61
Book Value Per Share	4.23	4.32	4.36	4.21	4.01	3.73
Tangible Book Value	2,513	2,556	2,563	2,545	2,384	2,165
Tangible Book Value Per Share	3.46	3.52	3.53	3.50	3.28	2.98
Buildings	-	1,060	1,056	1,114	1,111	1,071
Machinery	-	863.91	837.14	845.46	829.34	789.81
Construction In Progress	-	50.06	59.09	22.7	11.22	28.46

Source: S&P Global Market Intelligence. Standard template. Financial Sources.